Cross-posted from Brussels Morning (https://brusselsmorning.com)
The coronavirus pandemic is a setback for the environmental movement as it shows how governments can disrupting economic activity but fail to manage major economic transitions.
US President Joe Biden has brought new momentum to the climate change debate by calling on developed economies to scale up efforts to move away from fossil fuel-based economies. …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
Turkey has fallen into a traditional carry-trade trap that is destabilising its currency; the structural solution to the challenge at hand would be to join a currency bloc.
The Turkish lira’s exchange rate has been in the international financial markets’ focus for months. …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
The US is deploying approximately 25% of its GDP to bolster the economy in comparison to a more timid approach from Europe, the former will likely prove better for labour market recovery.
There is now hope that the global economic situation will rebound as the pace of vaccination picks up. …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
You could have guessed it: As soon as the end of the Corona crisis is in sight, the inflation alarmists of all countries come out of their holes painting horror scenarios of hyperinflation.
In the US, …
